PTT Global Chemical (GC) and SCG Chemicals (SCGC) announced plans to combine their olefins and polyolefins businesses in Thailand via a joint venture, with GC holding 56% and SCGC 44%. The venture will have a combined olefins capacity of 7.1 million tons per year and aims to rank among the world's top 10 polyolefins producers.
Corbion will invest approximately US$190 million in a new 125,000 metric ton lactic acid plant at its existing Rayong Province site in Thailand, using its gypsum-free technology.
Samsung Engineering approached AMPO POYAM Valves to design and manufacture more than 4,000 gate and globe valves for PTT Global Chemical's olefins reconfiguration plant in Map Ta Phut, Rayong, Thailand. The plant is expected to start operations in early 2021, with an investment of 820 million.
Samsung Engineering selected Ampo Poyam Valves to supply more than 4,000 gate and globe valves for PTT Global Chemical's olefins reconfiguration project in Map Ta Phut, Rayong, Thailand. The project is valued at up to $820 million and expected to start in early 2021.
Corbion will expand its existing lactide plant in Rayong, Thailand by 25,000 tons per annum, with start-up targeted for the second half of 2018 alongside the new PLA plant.
Corbion broke ground on 9 November 2016 for a 75,000 tons per annum PLA polymerization plant at its Rayong site in Thailand, with a reported capex of 140 million USD. Sulzer Chemtech supplies key equipment and start-up is targeted for 2018.